Oil and Petrochemicals
Resignation of Iran's Oil Minister Following Severe Decline in Oil Exports
Iran's Oil Minister resigned due to U.S. sanctions, and control of the country's oil industry was handed over to the hea...
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Oil and Petrochemicals
Meeting of the Deputy Council of the Ministry of Oil with the presence of Hamid Bord
The meeting of the Deputy Council of the Ministry of Oil was held today with the presence of Hamid Bord. This meeting wa...
Oil and Petrochemicals
Phase Six of South Pars Gas Field Returns to Gas Production
The CEO of the National Iranian Gas Company announced the return of Phase Six of South Pars Gas Field to the gas product...
Oil and Petrochemicals
Saudi Arabia's East-West Pipeline Halted and Aramco Oil Prices Reduced
The East-West pipeline in Saudi Arabia was halted due to a drone attack, and Aramco reduced its oil selling price to Asi...
Oil and Petrochemicals
OPEC Maintained Oil Production at 31.01 Million Barrels Per Day in November
OPEC decided to maintain the oil production ceiling for November at 31.01 million barrels per day. This decision was mad...
Oil and Petrochemicals
Preserving the Production of Over 700 Million Cubic Meters of Gas from South Pars
In a special technology development task force meeting, the preservation of daily production of 700 million cubic meters...
Economy
Reduction of gasoline vehicles' share to below 50 percent in the global market
The share of gasoline vehicles in the global market has fallen below 50 percent for the first time. The rise in fuel pri...
Oil and Petrochemicals
Hamid Bord appointed as Acting Minister of Oil
Hamid Bord has been appointed as the Acting Minister of Oil by Masoud Pezeshkian. He takes on the responsibility during...
Analysis
The Important Role of the Bahamas Maritime Authority in Implementing International Maritime Requirements
The Bahamas Maritime Authority, as a flag state, has key responsibilities in implementing international maritime require...
Oil and Petrochemicals
Container Shipping Rates from Asia to the U.S. Increase
Container shipping rates from Asia to the United States have generally increased this week. Liquid tanker rates are also...
Analysis
Gradual Improvement of Market Sentiment in the Capesize Fleet
The capesize market faced a decline in prices last week, but signs of improved sentiment were seen by the end of the wee...
Oil and Petrochemicals
Sharp Increase in B30-VLSFO Price in Rotterdam Compared to VLSFO
Last week, the price of B30-VLSFO in Rotterdam increased by $12 per ton, reaching $255 per ton. Meanwhile, the price of...